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Agenda Packets - 1993/11/01
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Agenda Packets - 1993/11/01
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1/28/2025 4:50:49 PM
Creation date
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
11/1/1993
Supplemental fields
City Council Document Type
City Council Packets
Date
11/1/1993
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SPRISGSTED ISC. 0010%016 <br />10, ;49J 10::9 FAX 61: 3:0 J00.a <br />City of Mounds View, Minnesota <br />Mounds View Business Park East <br />Everest Development Company <br />-Pay As You Go" TIF Financing <br />Project: <br />C.G. Hill & Sons <br />Amount: <br />$172,500 <br />Discount Rate: <br />8.50°.6 <br />Annual Increment: <br />$42,597 <br />Increment Inflator. <br />Beginning Principal <br />Year Balance Repayment <br />(1) (2) (3) <br />1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />Totals <br />172,500 <br />150,956 <br />127218 <br />101:097 <br />72,386 <br />40,862 <br />6, 281 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />21,544 <br />23,738 <br />26,121 <br />28.711 <br />31,524 <br />34.581 <br />6,281 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />172,500 <br />Annual <br />Annual <br />Total <br />Increment <br />85% <br />Ending <br />Balance <br />interest <br />Pay me(nt Payment <br />(6) <br />(7) <br />14,663 <br />36,207 <br />36,207 <br />36,569 <br />150,956 <br />127,218 <br />12,831 <br />36,569 <br />36,935 <br />36,935 <br />101,097 <br />10,814 <br />8,593 <br />37,304 <br />37,304 <br />72,396 <br />40,862 <br />6.153 <br />37.677 <br />37,677 <br />38,054 <br />6,281 <br />3,473 <br />38,054 <br />6,815 <br />6,815 <br />0 <br />534 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />57,061 229,561 229,561 <br />m\mvbuspk <br />Prepared 28-Oct-93 by SPRINGSTED Incorporated <br />
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